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BMC 326 - Risk Assessment and Treatment

12990177

Delivery OptionsClass
and
Online

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Course Description

Formerly BMC 158 Risk Control. Students who have taken BMC 158 should not enrol in this course.

Risk assessment processes help organizations to identify non-speculative and speculative risks, and make decisions regarding whether risk treatment is needed. Gain a broad understanding of assessment and treatment techniques that can help an organization to prepare for, and effectively deal with, potential hazards or insurable risks. Understand a number of risk control techniques and their application to situations involving accidental loss to property, personnel, environment and income. Discuss emerging risks in social media, regulations, supply chain management, crime and cyber space.

It is recommended that students complete BMC 327 Risk Management Principles and Practices prior to enrolling in this course.

Course Details

Upon successful completion of this course, you will be able to:
1. Interpret how the potential hazard and operational risks faced by an organization can be identified and treated
2. Understand how Risk Assessment and Risk Treatment are integral parts of a successful risk management program for any organization.
3. Apply economic concepts and principles to the interpretation and analysis of various business situations.
4. Explain risk assessment and treating techniques for the major categories of risk faced by organizations.
5. Explain accident causation and fundamental risk control techniques. Apply system safety analysis to identify potential losses and to determine the causes of losses that have occurred.
6. Apply risk identification and analysis to the following traditional hazard risks:
a. property (including intellectual property)
b. personnel
c. liability
d. net income
7. Explain how to address emerging risks such as cyber risk, climate change risk, and reputation risk.

If you are enrolled in a section of BMC 352 that will be completed before this course begins, you may enrol for this course by calling 403.220.2866.

This course uses Desire2Learn (D2L), an online learning management system. The instructor will post your course outline and other materials in D2L. For more information about D2L, please visit our Online Learning Resources.

Unless notified, all online courses are available at 9 am MT on the start date.

A $25 fee applies for course withdrawals and transfers. Unless otherwise stated, notice of a withdrawal or transfer from a course must be received at least ten calendar days prior to the start date of the course.

Session Time-Out

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BMC 326 - 017 - Risk Assessment and Treatment

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Downtown Campus

The Downtown Campus is located at 906 8th Avenue SW.

After registering in this course, the classroom number will be posted in My ContEd and on your receipt. Please check for room changes within 24 hours of the class starting.

Class

Description

Classes meet at the Main Campus, Downtown Campus, or at a designated off-campus location.

Flat Fee

BMC 326 - 018 - Risk Assessment and Treatment

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Flat Fee

Online

Description

Courses are accessed via the Internet, have scheduled start- and end-dates, specified times for the class and instructor to meet online, with set timelines for assignments. Other courses are available to students for a given number of days, do not have a set schedule, and are accessible at any time.